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Yale Beats Stanford (Endowment)

Yale beat Stanford again this year on endowment performance. While the former turned in 28% in the past year, Stanford just announced 23% y-o-y performance on the back of international, private equity and … real estate. Let the rivalry continue:

Stanford University, Palo Alto, Calif., earned 23% on its $18.9 billion
merged investment pool for its latest fiscal year ended June 30,
confirmed John Powers, CEO of Stanford Management Co., which oversees
the universityâ€™s endowment and trust assets. The merged pool includes
the universityâ€™s endowment, which had $17.2 billion in assets as of
Aug. 31 as well as capital reserves from Stanford Hospital and Clinics
and Lucile Packard Childrenâ€™s Hospital.